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Wednesday, February 19, 2020

=Energy Transfer LP (ET) reported earnings on Wed 19 Feb 20 (a/h)

Energy Transfer beats by $0.03, beats on revs 
  • Reports Q4 (Dec) earnings of $0.38 per share, $0.03 better than the S&P Capital IQ Consensus of $0.35; revenues rose 1.1% year/year to $13.72 bln vs the $13.47 bln S&P Capital IQ Consensus.
  • Adjusted EBITDA of $2.81 billion, up 5 percent from the fourth quarter of 2018.
Energy Transfer announces multi-basin strategic alignment
Co announces the execution of a suite of gathering, processing, transportation and fractionation agreements with a large, investment- grade integrated energy company. These agreements increase and extend long-term commitments between the company and Energy Transfer in the Eagle Ford and Delaware Basins through 2034 and 2040, respectively.

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